Banks can now impose a 3.5% margin with SMART for lending
The lack of coherence between the fiscal and monetary policy stances will make the monetary policy less effective in controlling inflation.
The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.
Banks can now impose a 3.5% margin with SMART for lending
The lack of coherence between the fiscal and monetary policy stances will make the monetary policy less effective in controlling inflation.
The Bangladesh Bank has decided to implement a market-based interest rate from July, moving away from the 9 per cent interest rate cap on loans, an initiative that may help the central bank uses its policy rates effectively in its fight against higher inflation.
